Article
Offload Risks Onto The Bottom 90% And Immiseration Follows
Offload Risks Onto The Bottom 90% And Immiseration Follows
Authored by Charles Hugh Smith via OfTwoMinds blog,
The underlying story of the past 50 years has been the offloading of risk onto workers and consumers.
On my map of how the world works, we start with structures of control that distribute the good stuff--resources, assets, income and power--and the bad stuff: costs, losses and risks. As I explained in The US Economy In a Nutshell: Privatize the Gains, Socialize the Costs, the current arrangement distributes the gains to the top 10% and the costs and risks to...
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Today’s AIs Show the Marginal Revolution's Unfinished Business
In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “rediscover” the margin, this time the margin as explained by Carl Menger.
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Idaho's High Desert Becomes Hot Spot For Nuclear Power Revolution
Idaho's High Desert Becomes Hot Spot For Nuclear Power Revolution
Authored by John Haughey via The Epoch Times,
History was made with the flip of a switch at 12:30 a.m. on June 4, under partly cloudy skies and a waning three-quarter moon in Idaho's Arco Desert, when a prototype reactor sustained a nuclear chain reaction, becoming the first new design to achieve "criticality," or viability, in the United States since 1973.
In that midnight milestone's wake, the future is following fast. Since Antares Nuclear's Mark-0 design was validated in early June, three...
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Jun 23, 2026 / Tyler Durden
Supreme Court Sides With Trump Admin On Removing Green Card Holders Accused Of Crimes
Supreme Court Sides With Trump Admin On Removing Green Card Holders Accused Of Crimes
Authored by Debra Heine via American Greatness,
In a 6-3 decision Tuesday morning, the Supreme Court ruled in favor of the Trump administration, holding that green card holders can be stripped of their status if they traveled abroad while facing criminal charges involving moral turpitude, finding that pending allegations are sufficient to subject them to removal proceedings.
The Court said immigration officials do not need clear and convincing evidence of a crime at the moment a green card holder reenters...
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